Bitcoin gave back the whole move from October 21 and now it’s sitting around $79.5K.
Not a great look, honestly. Every bounce from $84.8K has been sold and price is still slowly moving lower.
$79.4K is the level I care about first.
Hold it, get back above $80.2K and $BTC at least has a chance to repair toward $80.8K.
Lose $79.4K cleanly and I’d expect $78.8K to get tested next.
I’m not calling a bottom here. I just want to see buyers finally hold one level.